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Search Results for: Ethereum

Ethereum (ETH) Price Hits $1,700 And Poised for Further Gains

The Ethereum price hit a new all-time high of $1,700 on Sunday, setting a new benchmark for the leading cryptocurrency. Therefore, signaling that ETH is poised for further upside. The landmark milestone was achieved as the Ethereum network continues to gain widespread adoption from institutions and retail investors alike. Fueled

February 2, 2023 1 min read

Ethereum-based Social Token Platform Rally Announces Shut Down

The Ethereum-based social token platform Rally announced its closure on Tuesday. The Rally sidechain’s shutdown was announced in an email delivered to the Rally community on January 31st. Rally indicated that 2022 was a difficult year for the platform and the broader crypto sector. Despite the team’s best efforts, “the

February 1, 2023 2 mins read

Polygon Beats Ethereum on Daily Active Users

Since the start of 2023, the global cryptocurrency market has witnessed significant gripping changes. As the leading altcoin, Polygon (MATIC) joined the trend by “overtaking” the second largest crypto Ethereum (ETH) in daily active users (DAU).  This year Polygon maintains its impressive growth. And the Polygon blockchain has lifted to

January 27, 2023 2 mins read

Ethereum NFT Project Doodles Chooses Flow Blockchain for Doodles 2

Doodles stands out as one of the most well-known Ethereum NFT initiatives because to its vibrant profile photos (PFPs), over $550 million in trading volume, and the involvement of artist and chief brand officer Pharrell Williams. Doodles, however, is moving to the Flow blockchain for its next major release. Doodles,

January 26, 2023 1 min read

Ethereum Shanghai Mainnet Shadow Fork Completes Successfully

The world’s biggest smart contract network, Ethereum, is getting a little bit closer to release the $26 billion worth (and growing) of ETH staked by its users. The first mainnet shadow fork to verify the preparedness of ETH staking withdrawal capacity went live on Monday. As stated by Ethereum’s core

January 24, 2023 1 min read

Ethereum (ETH) Price Bearish Breakout Might Soon Take Over

To this point, the price of Ethereum (ETH) has been able to maintain its position above the horizontal support level of $1,600. It’s possible that breaking it will result in much lower prices with a bearish moment. According to the Wolf Of All Streets, a crypto trader and investor commented

January 24, 2023 2 mins read

Vitalik Buterin: Stealth Addresses Can Aid Ethereum’s Privacy Issues

Vitalik Buterin, the co-founder of Ethereum, reveals that the open-source blockchain platform is experiencing a major challenge. In a recent blog post, Buterin claimed that Ethereum’s current most significant problem is a privacy issue. He also pointed out the requirement for a solution to address the privacy issue.  The blog

January 23, 2023 2 mins read

2.8 Million Ethereum (ETH) Worth $4.6 Billion Burnt Since EIP 1559

The protocol has started burning ETH at a tremendous pace as part of EIP (Ethereum Improvement Proposal) 1559, which was released in August 2021. To comply with EIP-1559, a little bit of every Ethereum transaction is wiped out. This includes every NFT trade, yield strategy, and even basic token transfer. 

January 21, 2023 1 min read

Bitcoin & Ethereum Signals Surge Even After Genesis Bankruptcy

Prominent cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH) continuously signal bullish momentum even after the largest crypto lender, Genesis Global, filed for bankruptcy protection. At the time of writing, $BTC traded at $20,956, and $ETH traded at $1550 with notable price surges.  Recently, failures and scandals in the cryptocurrency industry reaching

January 20, 2023 2 mins read

Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability

San Francisco, California, 18th January, 2023, Chainwire   Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3. Kava is a decentralized layer-1 blockchain that combines the speed and interoperability of Cosmos with

January 18, 2023 2 mins read